Purple Innovation, Inc. (PRPL) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome everyone to the Purple Innovation Third Quarter Earnings 2025. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the star key followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. At this time, I would like to turn the conference over to Stacey Turnoff. Please go ahead. Thank you for joining Purple Innovation's third quarter 2025 earnings call. A copy of our earnings press release is available on the investor relations section of Purple's website at www.purple.com. Before we begin, I'd like to remind you that certain statements made in this presentation are forward-looking statements. These statements reflect Purple Innovation's judgment and analysis as of today and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from current expectations. You should not place undue reliance on these forward-looking statements. For more information, please refer to the risk factors outlined in our filing for the SEC. Additionally, today's presentation will reference non-GAAP financial measures such as adjusted gross margin, adjusted operating expenses, adjusted EBITDA, adjusted net loss, and adjusted net loss per share. A reconciliation of these measures to their most comparable GAAP measures can be found in Arnie's release available on our website. With that, I'll turn the call over to Rod C. Martini, Purple Innovations Chief Executive Officer. Thank you, Stacey. Good afternoon, everyone, and thank you for joining us. The third quarter unfolded lar...